A recent survey indicated that Trump memecoins have attracted numerous first-time cryptocurrency investors, thereby aiding in broader crypto adoption in the U.S. The tokens, namely the Official Trump (TRUMP) and Official Melania (MELANIA) memecoins, gained notable attention following their launch on January 18, with TRUMP hitting a peak of $72.62 and a market cap of around $14.5 billion. Conducted by NFT Evening on January 20 with 1,092 participants, the survey revealed that 14% of respondents had purchased TRUMP, with 42% of those being first-time cryptocurrency buyers. While some industry leaders view the memecoins as a sign of growing crypto acceptance, 75% of survey participants believe they are detrimental to the market, raising concerns about the influence of political figures like Trump on the crypto industry. Furthermore, 55% of those surveyed think the Trump family is utilizing their status to manipulate the market.

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